"Offer In Compromise"

"Statute of Limitation"

"IRS will remind you"

"About Us"

"Offer in Compromise".

All government income tax agencies have a program called an

" Offer in Compromise "!

The " Offer in Compromise " is a program that could reduce the

amount of income taxes you have to pay based on your

what you earn and the bills you have to pay.

Many times portrayed many times as demons, income tax collectors

and IRS Agents have guidelines they must follow, and if you can

show them you that you cannot legally pay what is due them,

they will and can make a compromise, reducing or totally eliminating

your income taxes.

But if you have not filed your taxes, you lose your chance to ask

for an "Offer in Compromise"

So think about what you are losing, before you decide not to file.

"Statute of Limitation"

The second reason for filing your income taxes is the

" Statute of Limitation " !

The "Statute of Limitation" are federal and state laws that give

government agencies and debt collectors time limits to collect

what income taxes you owe them.

But the like the "Offer in Compromise", if you do not file your

taxes returns, there is no "Statute of Limitation" and your

tax debt can last forever.

So the sooner you file your income taxes, the sooner the hands of

time will run out on your income tax bill !

" The IRS will remind you ! "

If an employer or agency reported to the government that they paid

you money, and if it falls into a category that suggest you owe income

taxes, somewhere in the future you will explain to the government

why you didnot file your tax returns and pay your bill.

And in the computer age, where electronic machines can print

millions of notices in a few minutes, it is only a matter of time before

you receive a letter from the IRS.

So even if you cannot pay income tax immediately, it is better to just

file your tax returns and tried to work out an agreement with the

government because:

(1) the IRS will remind you

(2) the Offer In Compromise program

(3) the Statute of Limitation is on your side.

we can be emailed at: ambenjamin79@yahoo.com

Thank You

Thank you for reading this article on benefits of filing all of your

federal and state taxes by A M Benjamin Services;

a licensed and bonded California State Registered Tax Preparer

This article was written to save some taxpayer useless worrying

and inform them of some benefits they have in filing their tax

returns timely.

While it is always better to file on time, if buy chance you are late

there are other legal solutions to return on good terms with the

government.

If A M Benjamin services can help you in any way preparing

your taxes, writting some letter or finding a tax attorney

Bookkeeping and Tax Consulting

835 Farrell St. # 404

San Francisco, CA 94109

415/596-3164

ambenjamin79@yahoo.com

www.a-m-benjamin-services.net